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Featured local agent — Menlo, IA
Sarah Mitchell
Compass Real Estate · Menlo, IA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Menlo, IA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$180,500median sale price
How is the Menlo, IA housing market right now?
The median home sale price in Menlo, IA is $180,500. Homes sell in an average of 125 days. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of January 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Menlo a buyer's or seller's market?
Menlo, IA is currently a leaning buyer's and homes selling in about 125 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
125
Average pace
Active listings
—
Sale-to-list
99.1%
Below asking
What does the Menlo housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $180,500 |
| Average days on market | 125 days |
| Sale-to-list price ratio | 99.1% |
| Median price per sq ft | $129/sq ft |
| Homes sold (latest month) | 2 |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Menlo by property type?
How the Menlo, IA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $180,500 | $129/sq ft | 2 | 125 days |
Source: Redfin · Updated monthly
The Menlo housing market is currently classified as a leaning buyer's with a median sale price of $180,500. Prices have fallen 0.0% compared to last year, with homes spending an average of 125 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.0x provides context for how home values compare to local earning capacity.
Homes for sale in Menlo
Explore homes currently listed for sale in Menlo, Iowa across major real estate platforms.
Who lives in Menlo?
Population
355
Median income
$78,333/yr
Median age
46.1 years
Owner-occupied
90.4%
College grads
8.6%
Avg commute
22.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Menlo?
Zillow home value
$236,376
Price-to-income
3.0x
Source: Zillow Research
What is it like to live in Menlo?
Menlo is a community of approximately 0K residents with a median age of 46.1 years.The median household income is $78,333, which reflects a relatively affluent area with strong earning potential. 8.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 90.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 22.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Menlo offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Menlo, IA?
Want a head-to-head view? Compare Menlo side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Menlo?
The median home sale price in Menlo is $180,500, down 0.0% from last year.
How long do homes stay on market in Menlo?
Homes typically spend 125 days on market before going under contract.
What is the median income in Menlo?
The median household income is $78,333 per year.
What is the Zillow home value estimate for Menlo?
The Zillow Home Value Index (ZHVI) for Menlo is $236,376, representing the typical home value in the area.
How much does a single-family home cost in Menlo?
The median single-family home price in Menlo, IA is $180,500 (about $129 per square foot).
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